Total monthly cost of ownership
Cost to Own a Home in Wisner, Louisiana
A $125,000 home here costs
$1,075per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $643. The real number is $432 higher every month — 67% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Wisner against Franklin Parish and Louisiana
| Measure | Wisner | Franklin Parish |
|---|---|---|
| Median home value | $125,000 | $117,200 |
| Median property tax | $239 | $378 |
| Effective tax rate | 0.191% | 0.323% |
| Median gross rent | $670 | $719 |
| Population | 1,020 | 19,590 |
The weather behind that power bill
Wisner sits in Franklin Parish, which averages a high of 93.6°F in its hottest month and a low of 36.7°F in its coldest, with 55.1" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 2,495 cooling and 2,213 heating degree days, which is what sets the $127 electricity line above.
See the full climate breakdown for Franklin Parish — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Franklin Parish
Full Franklin Parish cost breakdown · Every county in Louisiana
Common questions
How much does it cost to own a home in Wisner?
A $125,000 home in Wisner, Louisiana costs approximately $1,075 per month with 20% down at 6.66%. That is $643 principal and interest, $20 property tax, $113 homeowners insurance, $195 utilities and $104 set aside for maintenance.
What is the property tax rate in Wisner?
Wisner has an effective property tax rate of 0.191%, based on a median home value of $125,000 and median real estate taxes of $239. That is lower than the Franklin Parish average of 0.323%.
What is the average home price in Wisner?
The median owner-occupied home value in Wisner, Louisiana is $125,000, against $117,200 across Franklin Parish.
Is it cheaper to rent or buy in Wisner?
Median gross rent in Wisner is $670 a month, against $1,075 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Wisner — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Louisiana.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.